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Commissioners approve revised EDC grant policy after heated public hearing
Summary
After more than two hours of public comment, the Cabarrus County Board of Commissioners held a supplemental public hearing on the county's annual appropriation for the Cabarrus County Economic Development Corporation and then approved a revised Economic Development Grant Program; a separate motion to abolish county funding failed.
Cabarrus County commissioners on Wednesday held a supplemental public hearing on the county's annual appropriation to the Cabarrus County Economic Development Corporation (EDC) and then approved a revised Economic Development Grant Program effective December 2023.
The hearing opened under North Carolina General Statute 158-7.1, which requires a separate public hearing for economic development appropriations, and drew dozens of speakers who alternately defended and criticized the EDC's role in recruiting and supporting businesses.
Justin Moore, a business owner and longtime resident, told the board that "incentives make up only a small part of what EDC handles," and described programs that support local startups and…
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